During my nearly 30-year career in financial services, RMA has always been an excellent source of learning and information for me. As a credit analyst in 1986, I spent a great deal of time working through the courses Understanding Business Cash Flow and Commercial Loans to Businesses, and I still have the original workbooks. These courses resonate with me almost 30 years later. As a lender, I prepared for customer and prospect calls by reading industry research and using RMA’s Annual Statement Studies.
The networking opportunities I’ve enjoyed through RMA during my career have been a tremendous advantage, particularly in my current position as Chief Credit Officer, which I’ve held since 2009. One regularly needs sanity checks, insights from veterans (dare I say I am becoming one given my tenure?), and perspectives on how others have managed similar issues we all face.
RMA’s round tables and events have greatly enhanced my perspective on a number of issues including the “heightened expectations” that are the current regulatory expectations, deepening my understanding of the ALLL, and working with colleagues on HELOC end-of-draw issues. Round tables have also enabled me to develop personal relationships and friendships with my peers, and have provided a tremendous professional resource that I can leverage for input on a variety of issues, from approaches to small business credit underwriting, to RM scorecard inputs, to general perspectives about where we are in the credit cycle and what we need to be doing. For me, the round tables are by far the most valuable resource that RMA offers. They are a fine tradition and uphold the principles on which RMA was founded to advance sound risk management through peer sharing.